Consumers Indulge as Intel, GlobalFoundries, Lilly, Paccar, and American Woodmark Gain from New Tariffs
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 26 2025
0mins
Source: Benzinga
New Tariffs Announced: President Trump has introduced new tariffs effective October 1, including 100% on pharmaceuticals unless companies build U.S. plants, 25% on heavy trucks, and 50% on cabinets, benefiting specific companies like Eli Lilly and PACCAR while negatively impacting others like Novo Nordisk and Wayfair.
Economic Data Insights: Recent economic data shows consumer spending increased by 0.6%, surpassing expectations, while personal income rose by 0.4%. However, spending appears skewed towards the top 10% of earners, indicating a disparity in economic recovery.
Market Movements and Strategies: The stock market is experiencing positive money flows in major tech stocks, while investors are advised to maintain long-term positions and consider protective cash or hedges based on individual risk preferences.
Investment Recommendations: For those adhering to a traditional 60/40 stock-bond portfolio, focusing on high-quality bonds with shorter durations is suggested, while sophisticated investors may explore tactical bond ETFs instead of long-term strategic positions.
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Analyst Views on GOOG
Wall Street analysts forecast GOOG stock price to fall
15 Analyst Rating
14 Buy
1 Hold
0 Sell
Strong Buy
Current: 356.560
Low
255.00
Averages
336.08
High
400.00
Current: 356.560
Low
255.00
Averages
336.08
High
400.00
About GOOG
Alphabet Inc. is a holding company. The Company's segments include Google Services, Google Cloud, and Other Bets. The Google Services segment includes products and services such as ads, Android, Chrome, devices, Google Maps, Google Play, Search, and YouTube. The Google Cloud segment includes infrastructure and platform services, collaboration tools, and other services for enterprise customers. Its Other Bets segment is engaged in the sale of healthcare-related services and Internet services. Its Google Cloud provides enterprise-ready cloud services, including Google Cloud Platform and Google Workspace. Google Cloud Platform provides access to solutions such as artificial intelligence (AI) offerings, including its AI infrastructure, Vertex AI platform, and Gemini for Google Cloud; cybersecurity, and data and analytics. Google Workspace includes cloud-based communication and collaboration tools for enterprises, such as Calendar, Gmail, Docs, Drive, and Meet.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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See More
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See More
